BeautifulPeople is a dating website with ruthless member screening. If you apply and you're not their definition of 'beautiful' you are denied and your account is deleted. BeautifulPeople has made the news before for kicking out 5,000 members that had 'let themselves go' and once again, it's back in the spotlight.

Apparently, a computer virus on their system allowed 30,000 new members to bypass the screening process and gain full access to the website. When the was figured out, all 30,000 members had their monthly subscription payment returned and were locked out from the website, costing the website over £62,000.

Malware authors move fast. Following on from the previous blog post on Bitcoin botnet mining, we have seen a recent Trojan in the wild targeting Bitcoin wallets. The Trojan is Infostealer.Coinbit and it has one motive: to locate your Bitcoin wallet.dat file and email it to the attacker. This is not surprising considering the potential values in a Bitcoin wallet. We have also discovered source code on underground forums which locates the wallet and, using FTP, uploads it to the attacker's servers.

We expect that code similar to the techniques described above will find a way into other malware considering the amount of attention this sort of attack is currently receiving and with the amount of Bitcoins currently available for purchase. (For an overview on how Bitcoin works, view this Bitcoin overview video).
If you use Bitcoins, you have the option to encrypt your wallet and we recommend that you choose a strong password for this in the event that an attacker is attempting to brute-force your wallet open.
Thanks to Mario Ballano for his assistance in identifying the threat.

Taken from [Symantec]

By now, most people have heard of Stuxnet but for those of you who haven't:

Stuxnet is a working and fearsome prototype of a cyber-weapon that will lead to the creation of a new arms race in the world. It remains unknown who created it although fingers have been pointed at middle-eastern governments, along with the US and Siemens. It targets industrial control systems in order to take control of industrial facilities, such as power plants. While the attacker’s exact motives for doing so are unclear.

Historic data from the early days of the Stuxnet worm attack showed that Iran, Indonesia and India accounted for the bulk of the countries where computers were targeted.

While the video claims stuxnet to be readily availble to anybody online, it's not. And the virus uses closer to 4 zero-day exploits, not 20.

After learning the capabilities of this virus, it's scary to think that soon, we may be entering the age of the keyboard soldier.

The father of smartphones, Nokia has been struggling recently in the market. It's not recent news. With rivals such as Apple and HTC popping up, Nokia has been shunted off to the side.

The court battle has been going since 2009 and has been stretched out over so long due to countless counter suits. It first came about when Nokia decided to sue Apple in the United States claiming that Apple was using patented tech owned by Nokia. It has been said that Nokia will now be awarded up to 2% of all iPhone sales, giving the Finnish company a much needed boost. This will most likely be awarded in a lump sum with the possibility of future royalties.

This victory has spurred Nokia into being more aggressive with it's patents and it may be compelled to chase other rival companies. While this has given Nokia a boost, it's still going to be an uphill struggle to compete against Android and iPhone devices.